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Paul Tudor Jones Warns About New Market Lows, Skynet-Style AI Threat To Humanity

Paul Tudor Jones Warns About New Market Lows, Skynet-Style AI Threat To Humanity

Billionaire hedge-fund manager Paul Tudor Jones issued a stark warning during an appearance on CNBC’s Squawk Box Tuesday morning, cautioning investors about the potential economic fallout from 145% tariffs on Chinese goods entering the US and the risk of new market lows. Beyond trade war and market concerns, Jones expressed deep unease about the developments surrounding artificial intelligence, which he described as an imminent threat to humanity. 

“For me, it’s pretty clear. You have Trump who’s locked in on tariffs. You have the Fed who’s locked in on not cutting rates. That’s not good for the stock market,” Jones said. 

PTJ, founder and CIO of Tudor Investment, pointed out, “We’ll probably go down to new lows, even when Trump dials back China to 50%.”

In a note to clients earlier, Goldman chief economist Jan Hatzius wrote, “The mood music with China has improved, and we expect the US tariff rate on China to drop from around 160% to around 60% relatively soon. (China is likely to reduce tariffs on the US by a similar amount.)”

Goldman offered some good news last week: peak trade war. Plus, the folks who attended the Milken Institute Global Conference in Beverly Hills on Monday are “warming up” to the tariff environment. 

PTJ said that even if Trump rolls back some tariffs on China, “it’ll still be the largest tax increase since the ’60s,” adding, “So you can take 2% to 3% off growth.” 

Last week’s GDP report showed ominous storm clouds gathering over the US economy: Q1 GDP printed -.3%, worse than the -.2% expected and the first negative print since 1Q22 when the economy was in a recession but was subsequently revised out of it.

On the subject of the Federal Reserve, PTJ said: 

“Unless they got really dovish and really, really cut, you’re probably going to go to new lows. And then when we’re new lows, the hard day will start to follow, and it’ll probably create the Fed to move, create Trump to move. And then we’ll get some kind of reality.”

As of Tuesday morning, interest-rate swaps are pricing in three 25-basis-point cuts by year-end, with the first expected in July.

As part of his apocalyptic warning—echoing rhetoric from Elon Musk and BCA Research in recent years—PTJ cautioned: “There’s a 10% chance AI will kill 50% of humanity in the next 20 years.”

Did PTJ watch the science fiction classic “The Terminator” (1984) before heading to CNBC’s studio?

And apparently he listens to Joe Rogan… 

Remember BCA Research’s warning:

And Elon Musk’s. 

Notice how PTJ wasn’t concerned about nuclear war—instead, his focus was on tariffs and AI.

Tyler Durden
Tue, 05/06/2025 – 13:00

35 House Democrats Join Republicans To Kill Biden’s Preposterous EV Targets

35 House Democrats Join Republicans To Kill Biden’s Preposterous EV Targets

Authored by Mike Shedlock via MishTalk.com,

California’s grip on US EV policy is nearly over!

Trump Smartly Employs the Congressional Review Act

The Congressional Review Act allows Congress to nullify rules taken in the final 60 days of a prior administration.

Trump is using the CRA to kill California’s ability to set EV standards for the Nation.

Many Democrats are howling, but 35 House Democrats support Trump.

What Is the CRA?

The Congressional Review Act (CRA) is a tool that Congress may use to pass legislation overturning a rule issued by a federal agency. When Congress passes a law, it often grants rulemaking authority to federal agencies to implement provisions of the law. That delegation of rulemaking authority, and the rules issued by federal agencies under this authority, is a crucial component of the policymaking process.

The CRA was enacted in 1996 as part of the Small Business Regulatory Enforcement Fairness Act. Under the CRA, before a rule can take effect, an agency must submit the rule to Congress and the Government Accountability Office (GAO).

Upon receipt of the rule by Congress, Members of Congress have a specified time period during which to submit and take action on a joint resolution of disapproval overturning the rule. If both houses pass the joint resolution, it is sent to the President for signature or veto. If the President were to veto the joint resolution, Congress could vote to override the veto. Enactment of the joint resolution would take the rule out of effect or prevent it from going into effect, and the agency would be prohibited from issuing a rule that is “substantially the same” without further authorization from Congress.

The best part of the CRA is that it only requires a simple majority in Congress and is thus filibuster-proof in the Senate.

The Politics of EVs Have Changed

I am pleased to report The Politics of EVs Have Changed

On Thursday the House voted in strong bipartisan fashion to overturn the EV mandate the Biden Administration let California impose on the rest of America.

The vote was 246-164 for a Congressional Review Act (CRA) resolution to repeal the waiver that the Environmental Protection Agency granted California for its EV mandate. The waiver provision was written to let California address smog. But Sacramento Democrats lobbied the Biden EPA to let it apply to carbon emissions.

The mandate is ludicrously impossible to meet. It says zero-emissions vehicles would have to account for 43% of an auto maker’s sales by 2027 in California and the dozen other states that have signed up for its rules. It rises to 68% by 2030.

The House vote is especially striking because of the 35 Democratic ayes. That included three of six Democrats from Michigan, three of five from Ohio, four of 12 from Texas, and even two from the High Climate Church of California (Luis Correa and George Whitesides). Let’s hope they’re not excommunicated by Pope Gavin (Newsom) I.

Democrats Howl Republicans Flouting the Rules

The American Prospect comments How Republicans Are Flouting the Rules of the Congressional Review Act

The CRA was passed in 1996 to empower congressional oversight of federal rulemaking, and is currently being used by Republicans to overturn Biden-era rules on the environment, banking, and more. Once a federal regulation is overturned by a CRA resolution of disapproval and receives the president’s signature, it is gone for good: The rule becomes null and void, and the government is prohibited from publishing any “substantially similar” rule in the future. What’s more, the CRA bars judicial review, giving Congress the final word in a rule’s overturning.

On February 14, Environmental Protection Agency (EPA) administrator Lee Zeldin asked Congress to review waivers issued by Biden’s EPA, suggesting to congressional Republicans that they should be the subject of a CRA resolution of disapproval. The waivers allow California to set its own pollution standards for certain vehicles under the Clean Air Act (CAA) without being preempted by the EPA’s national standards.

“Republicans may regret setting this precedent for expanding the CRA,” he added.

At the end of the day, despite that leverage that Democrats could take advantage of—if they have enough courage to do so—moving forward with this resolution of disapproval would be a dangerous overreach. If Republicans choose not to abide by the CRA’s definition of a rule, there’s nothing stopping them from also sidestepping the law’s 60-day time limit or its one-rule-at-a-time provision.

That would give Congress even more power than the CRA already allows, putting all types of federal rulemaking at risk.

Economic and EV Madness

It is preposterous that California can set EPA and EV standards for the nation. But here we are.

This started with the 1967 Clean Air Act when Congress made an exception for California due to its history of air pollution problems.

Since then, the EPA made rules that took on a life of their own. It has since morphed into zero-emissions standards such that vehicles would have to account for 43% of an auto maker’s sales by 2027 in California.

Ten states latched on to this madness.

Republicans in Congress Use Obscure Law to Roll Back Biden-Era Regulations

Instead of praising the end of economic madness, the New York Times moans Republicans in Congress Use Obscure Law to Roll Back Biden-Era Regulations

In recent weeks, the G.O.P. has pushed through a flurry of legislation to cancel regulations on matters large and small, from oversight of firms that emit toxic pollutants to energy efficiency requirements for walk-in freezers and water heaters.

To do so, they are employing a little-known 1996 law, the Congressional Review Act, that allows lawmakers to reverse recently adopted federal regulations with a simple majority vote in both chambers. It is a strategy they used in 2017 during Mr. Trump’s first term and are leaning on again as they work to find ways to steer around Democratic opposition and make the most of their governing trifecta of the House, the Senate and the White House.

But this time, Republicans are testing the limits of the law in a way that could vastly expand its use and undermine the filibuster, the Senate rule that effectively requires 60 votes to move forward with any major legislation.

Because resolutions of disapproval under the Congressional Review Act need only a majority vote, they are some of the only legislation that can avoid a filibuster in the Senate. This allows them to circumvent the partisan gridlock that stands in the way of most significant bills. [Sounds Great to Me]

Now Republicans are trying to go much further with the law, including using it to effectively attack state regulations blessed by the federal government. The House this week passed three disapproval resolutions that would eliminate California’s strict air pollution standards for trucks and cars by rejecting waivers from the Environmental Protection Agency that allowed them to take effect.

The move would also permanently prevent federal regulators from writing a similar rule in the future. Both the Government Accountability Office and the Senate parliamentarian, who is in charge of enforcing the chamber’s rules, have said that the E.P.A. waivers do not constitute federal regulations and thus are not subject to the Congressional Review Act.

The pressure now falls on Senator John Thune, Republican of South Dakota and the majority leader, to decide whether he will proceed with the measures anyway, sidestepping the parliamentarian in a move that would undermine the filibuster.

Democrats argue that Republicans’ efforts to kill the E.P.A. waivers amount to illegal overreach on states’ rights. They say the drive could inadvertently subject a plethora of executive actions, such as leasing rights for oil and gas fields as well as waivers for state Medicaid programs, to congressional review.

Either way, experts warned that Republicans may come to regret reading the statute so broadly. Michael Thorning, the director of the Structural Democracy Project at the Bipartisan Policy Center, a nonprofit think tank, said doing so could hand Democrats a powerful tool to undo regulations that they dislike when they one day return to power.

When President Joseph R. Biden Jr. entered office in 2021, congressional Democrats took a cue from Republicans and reinstated Obama-era caps on methane emissions that the Trump administration spent years working to overturn through executive action.

Hoot of the Month

Democrats spend 4 years moaning about the need to kill the filibuster in order to pack the courts with Democrats, change the number of Supreme Court Justices, and pass God only knows what environmental madness.

These hypocrites now oppose using the CRA for what it was intended for, ending inane regulations.

Allowing California to set preposterous environmental stands for the nation, enforced by EPA rules was among the worst.

And just like that, Democrats suddenly want the filibuster to prevent changing inane rules and regulations.

Hypocrites on Both Sides

On March 14, 2025, I commented Hoot of the Day: House Republicans Suddenly Like Clean Energy Tax Breaks

21 House Republicans now like Biden’s Inflation Reduction Act incentives.

Pack of Republican Now Support

  • No Medicaid rollbacks
  • More food assistance
  • Expansion of Inflation Reduction Act provisions to capture methane
  • Reinstatement of State and Local Tax deduction (primary benefit big blue states)

All the Republicans want more military spending, and Trump Promises $1 trillion in Defense Spending for Next Year

And people think Trump will cut the budget.

Tyler Durden
Tue, 05/06/2025 – 12:40

Veteran NIH Infectious Disease Researcher Calls For End Of Dangerous Virus Studies

Veteran NIH Infectious Disease Researcher Calls For End Of Dangerous Virus Studies

Via The DisInformation Chronicle,

Today’s guest essay is by a infectious disease researcher at the National institutes of Health who wishes to remain anonymous to guard against retribution.

As a decades-long NIH insider, I wasn’t surprised to see Dr. Tony Fauci go toe-to-toe with President Trump in his first term. After all, this is a man who built a $4 billion taxpayer-funded empire—the National Institute of Allergy and Infectious Diseases (NIAID)—and transformed it into a medieval Italian Signoria, where his every word was law, his every whim obeyed. When I entered his office, I couldn’t help but notice a portrait of The Godfather hung above his desk—Marlon Brando as Don Vito Corleone, not Al Pacino as the young, upstart Michael—a fitting tribute to his persona and leadership style.

Upon entering NIH meetings, I sometimes caught a favored capo slouching down in his chair after dutifully raising Fauci’s own, so that, feet dangling, the diminutive Don would appear the tallest man in the room. From such commanding heights, the Boss often humiliated staff members, both women and men, in expletive-laden tirades. To avoid this wrath, his minions worked feverishly to anticipate his every desire and satisfy a relentless ambition to expand the Fauci’s scientific dominion.

I admired Fauci in his earlier career because I thought he was a strong leader with a vision for global research. But I can’t say that anymore.

Several incidents caused me to change my view beginning in March 2020 when a group of renowned virologists published a paper in Nature Medicine that falsely concluded a lab accident could not have started the COVID pandemic. A year later, I watched in disbelief as Dr. Fauci testified before Congress where he strongly denied allegations about dangerous virus research he was funding at the Wuhan Institute of Virology. I realized that the Fauci-led NIAID had participated in a classic Washington ploy: satisfy your critics by pretending to regulate activity that can harm the public, while actually letting your friends do whatever they want. In this case, I’m talking about gain-of-function virus studies, research that should end tomorrow to protect us from future man-made pandemic disasters.

Pandemic Subterfuge

Like most everyone in the federal government, in the early months of the pandemic I was working from home when Nature Medicine published a paper called “The proximal origin of SARS-CoV-2.” Written by prestigious virologists Scripps researcher Kristian Andersen and Tulane University’s Robert Garry, this paper concluded, “We do not believe that any type of laboratory-based scenario is plausible.” The paper analyzed the genetic sequence of the COVID virus and concluded that SARS-CoV-2 was a naturally occurring virus, as no clear signs of “gain-of-function” were detected.

Gain-of-function is a process where virologists manipulate a virus’s genetic sequence to make it more transmissible, lethal, or able to overcome countermeasures. After making a virus more dangerous through gain-of-function, researchers then try to figure out how to defeat it. However, the “Proximal Origin” letter in Nature Medicine overlooked a common gain of function method.

Virologists often use a technique called “serial passaging,” where a virus is repeatedly introduced to laboratory animals or different cell types, such as human cell lines. Repetitive passaging allows the virus to genetically adapt, enabling it to grow in the new animal or cells. And such passaging does not require direct genetic manipulation.

The authors of the “Proximal Origin” paper completely ignored the possibility of serial passaging. And because they didn’t discuss this very common laboratory practice, they did not “disprove” a laboratory origin for the virus. I have no idea how ignoring something so obvious could make it pass peer review and get published in a prestigious journal like Nature Medicine.

I remember sitting in my living room, carefully reading the paper line by line, and shouting over to my partner in the next room, “What the fuck is going on?!”

Despite such a gaping hole in the analysis, the paper was taken as gospel by basically every reporter covering it—New York Times, CNN, Science Magazine, NBC, Science News, Nature Magazine, Washington Post, etc…—as if it ended all doubt that the COVID virus could have come from a lab.

I discussed this quietly with a few close colleagues I consider friends, but I’m embarrassed to admit that I was afraid to speak out publicly. At the time, people were being called “conspiracy theorists” for even asking if the virus could have had a lab origin. There was a real fear of saying what you thought—shame, humiliation—and I was worried about getting fired. I believed the entire virology and the NIH-funded scientific communities would have banded together to discredit me if I said anything, and my career would have been over. Dr. Fauci was the most powerful man in the scientific community at that time and his word was undisputed.

Besides, the toxic political climate at the NIH did not allow much for dissenting opinions. All communications by federal employees are vetted and go through a multi-layered review process, and criticism of the official narrative would never have been allowed. As any member of the NIH knew, you don’t ever take sides against the family.

The authors of the “Proximal Origin” paper completely ignored the possibility of serial passaging.

During this same time period, I also became aware that something weird was happening inside the NIH. In April 2020, Trump cut off a grant to Peter Daszak who ran a nonprofit called EcoHealth Alliance. Daszak was partnering with researchers at the Wuhan Institute of Virology to collect and characterize bat coronaviruses in China. Trump’s executive action was an effort to prevent another possible COVID-19-like pandemic, even though Politico called these concerns a “conspiracy theory.” But rather than reassess the risks of this research, as the President wanted, the Fauci-led NIAID doubled down on high-risk viral research, funding new programs called Centers for Emerging Infectious Diseases (CREID). These research programs focused entirely on global collection and surveillance of zoonotic viruses from nature.

Instead of pausing to investigate whether a lab leak had occurred, Fauci awarded Daszak a new multi-million-dollar CREID grant dedicated to hunting for novel viruses in bats—not just in Chinese caves, but across Southeast Asia and parts of Africa. From 2020 to the present, Daszak and EcoHealth Alliance received $4,474,707 for his CREID grant plus another $3,353,628 for similar virus hunting grants.

At the same time, NIAID also awarded the authors of the Proximal Origin paper—Scripp’s Andersen and Tulane’s Garry—large CREID grants which have cost American taxpayers $11,322,650. By handing out awards to political allies, Don Fauci maintained a web of allegiances.

But these grants were a slap in the face to President Trump and completely dismissed the American public whose family members were dying from a pandemic which could have started from NIH-funded virus research. The timeline of these awards is also interesting. Andersen’s CREID grant had been reviewed in November 2019 and presented to the official NIAID Advisory Council in January 2020. Fauci would have known the names of researchers getting such a massive grant, and Andersen and Garry would have been very eager to please Fauci.

By publishing the “Proximal Origin” paper, both Andersen and Garry gave Fauci a handy talking point to misdirect public attention away from a lab accident in a Wuhan lab that he was funding. Dr. Collins promoted Andersen’s “Proximal Origin” paper in his March 2020 NIH Director’s Blog, and Fauci seized upon the paper during a televised White House briefing.

Fauci cast aside the possibility of a laboratory-based origin by citing the “Proximal Origin” paper in an April 17, 2020 White House Coronavirus Task Force press briefing. When asked whether the virus was possibly manmade in a lab in China, President Trump stepped aside from the podium and let Fauci answer:

There was a study recently that we can make available to you, where a group of highly qualified evolutionary virologists look at the sequences there and the sequences in bats as they evolve and the mutations that it took to get to the point where it is now is totally consistent with a jump of species from an animal to a human. So, the paper will be available. I don’t have the authors right now, but we can make that available to you.

Fauci’s remarks, as he stood next to the President, really gave the paper added media and public value. At the time, I thought it was weird that Fauci would promote researchers who ignored the obvious possibility of serial passaging, but we later learned that Fauci was intimately involved in the “Proximal Origin” paper.

Emails showed that Andersen sent Fauci several updates as the paper was being written, and even invited him to make suggestions. In a sworn congressional deposition, Fauci later admitted to receiving 5 to 10 drafts of the paper but claimed he didn’t really understand it. But if he really didn’t understand the paper, then why did he promote it to reporters at a White House briefing?

For such a politically savvy man to manipulate the scientific process directly under the nose of the President was rather unexpected. But it got worse. He also thumbed his nose at Congress.

Fauci was the darling of Republicans and Democrats, so he shocked me during a May 2021 Senate hearing when he pointed his finger at physician Senator Rand Paul and called him a liar for noting that NIAID funded dangerous gain-of-function virus research in Wuhan, China.

“Senator Paul, with all due respect, you are entirely and completely incorrect,” Fauci said while under oath. “The NIH has not ever and does not now fund gain-of-function research in the Wuhan Institute of Virology.”

In retrospect, none of this behavior should have surprised me. Fauci is highly territorial and has never allowed anyone—even the President of the United States—to mess with his fiefdom.

Pause on Fauci Science

President Obama put a pause on funding for gain-of-function research in 2014 that lasted until 2017. The gain-of-function moratorium suspended federal funding for research that enhanced the pathogenicity, transmissibility, or host range of dangerous pathogens—the exact type of research Chinese scientists had been conducting at the Wuhan Institute of Virology. This moratorium covered all types of pathogens such as influenza, MERS, and SARS viruses—the type which gave us the COVID pandemic. President Obama imposed the moratorium in 2014 after growing concerns from the scientific community and public advocacy groups about the risks associated with research and the potential for accidental release or misuse of enhanced pathogens.

The pause was triggered by a group of virologists at the Erasmus Medical Center in the Netherlands who used a gain-of-function techniques including serial passaging to adapt influenza to ferrets and made the virus airborne. The pause was lifted in 2017 after the government created a new framework to assess the dangers of gain-function research called P3CO Framework (Potential Pandemic Pathogen Care and Oversight).

But in the end, nothing really changed.

The P3CO Framework was supposed to enforce stricter oversight for high-risk virus research. I now think it was a distraction. Once P3CO was put in place, Fauci’s NIAID simply resumed funding scientists to develop bioengineered viruses. For instance, researchers used a synthetic gene library to generate all possible H5 bird flu variants capable of escaping detection by the human immune system.

I feel certain today that the moratorium was a political show that lasted just long enough for the critics to forget about the dangers of high-risk virus research that created the airborne influenza virus. NIH spent years creating the P3CO safety review, but I now realize there is a gaping hole in the very guidelines designed to check the power of funders like Fauci. A gain-of-function study was only sent for P3CO review if Fauci or his subordinates felt it needed review.

This is an obvious conflict of interest, like allowing a batter to call his own balls and strikes, while sometimes letting an umpire opine, but only if the batter permits it. Although I have no direct evidence, I am suspicious that Fauci purposely avoided sending gain-of-function projects for review to the P3CO committee.

The details of this process are very intricate and hard for outsiders to follow, but Senator Rand Paul made some of this public during an interview a year back.

We have evidence, yes, that they were dishonest, that Anthony Fauci lied in hearings to me, which is a felony, punishable up to five years. We have emails that show him saying that he knew it was gain-of-function, that the virus looked manipulated, and he was worried that this came from Wuhan lab [on] February 1 of 2020. Then he spent the last three years saying nothing to see here. We also know there was a safety committee that should have reviewed this and we know that Anthony Fauci went around the safety committee – the safety committee set up in place to make sure this didn’t happen.

After President Biden granted Fauci a preemptive pardon on his last day in office, Senator Paul sent subpoenas to get answers about what Fauci knew and when he knew it. “In the wake of Anthony Fauci’s preemptive pardon, there are still questions to be answered,” he posted on X. “Who at NIH directed funds to the Wuhan Institute of Virology, and why was the proposal not scrutinized by the P3CO safety committee?”

End Dangerous Virus Research

Throughout the COVID pandemic, concerned scientists and the general public began piecing together a troubling narrative. Emails found that the Wuhan Institute of Virology had been funded by NIAID through a subcontract to Peter Daszak’s EcoHealth Alliance. The work was ostensibly classified as viral surveillance, which allowed it to bypass the new P3CO guidelines created to rein in dangerous virus research.

However, a closer look revealed that scientists at the Wuhan Institute of Virology led by Dr. Zhengli Shi had been trained by Dr. Ralph Baric at the University of North Carolina. Baric is widely regarded as one of the world’s leading bioengineers specializing in coronaviruses, and the NIAID had been funding him for years through a combination of grants and service contracts for pandemic preparedness. His groundbreaking work on manipulating coronaviruses (including constructing Frankenviruses) was pivotal, and that expertise had made its way to Wuhan—intentionally or otherwise.

This is an obvious conflict of interest, like allowing a batter to call his own balls and strikes, while sometimes letting an umpire opine, but only if the batter permits it.

Baric obviously has concerns about what went on in Wuhan. When a group of virologists wrote a February 2020 essay for Emerging Microbes & Infections titled, “No credible evidence supporting claims of the laboratory engineering of SARS-CoV-2” Baric made some secret changes to the text.

“Don’t want to be cited in as having commented prior to submission,” Baric emailed the essay authors, before sending in his text changes.

NIAID’s international cooperation efforts were rooted in the belief that building scientific capacity abroad was a global good—an ideal that often holds true. But in this case, cooperation with foreign researchers came with unintended consequences. The transfer of technical expertise and bioengineering know-how across borders, paired with inadequate oversight and misclassification of research objectives, may have created the perfect storm. While the intent may have been altruistic, the outcome was anything but.

The NIH has repeatedly demonstrated a dangerous inability to safeguard public safety. The P3CO Framework was intended to enforce stricter oversight, but proved to be a hollow safeguard, allowing NIAID to continue funding dangerous research with a fig leaf for compliance. Worse, EcoHealth Alliance’s funding of the Wuhan Institute of Virology was classified as “viral surveillance,” an administrative sleight-of-hand that enabled high-risk experiments to continue with impunity. By allowing gain-of-function research to proceed unchecked, NIH abandoned its responsibility to ensure that taxpayer-funded science did not jeopardize public health.

But NIH’s errors are not merely a matter of oversight failure—they are the result of scientific arrogance compounded by an ingrained, symbiotic relationship between federal science officers and the research academics they fund. This relationship is mutually beneficial as scientists depend on NIH funding to build their careers, while NIH officers rely on these same scientists to generate the groundbreaking studies that justify new initiatives and expand NIH’s influence.

Academic scientists and NIH bureaucrats don’t just collaborate professionally—they often emerge from the same university laboratories, attend the same conferences, and publish together in the same journals. Instead of government oversight of academic research, we have a system that rewards allegiance and mutual advancement. This cozy relationship is cemented by lavish taxpayer-funded travel to international conferences, where federal officers and the university scientists they support fly around the world, stay together at luxury hotels, and forge alliances that prioritize career advancement over public safety.

This conflict of interest is baked into the system, making genuine oversight of dangerous research nearly impossible. This is not just my professional experience, emails show this is the case. Despite public concerns about the nature of EcoHealth Alliance’s research and multiple media reports about the veracity of Peter Daszak’s public statements, the NIH program officer who oversaw EcoHealth Alliance’s grants began working directly with Daszak on his 2023 grant renewal.

Even more alarming: one of Fauci’s trusted advisors, David Morens, was caught in emails also coordinating with several academics and Daszak to get EcoHealth Alliance’ grant renewed. When Fauci testified afterwards during a congressional hearing, he claimed to barely know Morens, which is patently untrue.

NIH’s pattern of circumventing research safeguards, misrepresenting funding, and the entrenched culture of mutual dependency between program officers and academics has created a system where oversight becomes performative and regulatory frameworks like P3CO become mere window dressing. Dr. Fauci’s public denials of NIH involvement in gain-of-function research at the Wuhan Institute of Virology, despite documented evidence to the contrary, highlights a culture of obfuscation and regulatory evasion. NIH has forfeited public trust and can no longer be relied upon to serve as the gatekeeper for high-risk pathogen research.

Instead of government oversight of academic research, we have a system that rewards allegiance and mutual advancement.

The “conspiracy theory” label deployed by NIH leadership to knock down the possibility of a lab accident troubles me to this day, especially since it seems to have been a misinformation campaign. In my entire scientific career, I have never seen an alternative hypothesis shot down by labeling it a “conspiracy theory.” This was something completely foreign to me, a shameful example of McCarthyism in the scientific community, and the very antithesis of science.

To prevent future disasters, gain-of-function virus research should end at the NIH and should not be funded by any federal agency. Moreover, the government needs to assume legal authority to prevent gain-of-function virus research at private companies or institutions as well. High-risk research that involves manipulating pathogens capable of causing global pandemics should not be treated as routine biomedical research—it should be viewed as having the same risk as bioweapons development.

Despite its defenders, gain-of-function research has not demonstrably contributed to the prevention of pandemics. Let’s not forget, the COVID pandemic started in Wuhan, China, a city that hosts a research lab that is supposed to stop pandemics. The time has come to abandon the false promise that we can outwit nature by engineering lab viruses. We need to shift research to rapid identification of emerging pathogens when they cause symptoms in humans and domesticated animals, and funding should be redirected toward safer, more responsible methodologies such as structural and computational modeling, and laboratory techniques like deep mutational scanning, and loss-of-function studies.

These approaches can help us understand how viruses jump from animals to humans without making these same pathogens more dangerous. For too many years, scientists have sold the public on a lie. It is time to realign our research priorities with the principle that science should serve public safety and protect lives—not gamble with them.

Tyler Durden
Tue, 05/06/2025 – 12:00

Major Israeli Attack Destroys Yemen’s Sanaa International Airport

Major Israeli Attack Destroys Yemen’s Sanaa International Airport

Israel’s air force has continued a second day of large-scale attacks on Yemen, targeting the leadership and infrastructure of the Ansarallah movement, or Houthis, after the Sunday Houthi ballistic missile strike on Israel’s Ben Gurion international airport in Tel Aviv.

Huge plumes of black smoke have been observed rising above the Houthi-controlled airport area in the capital of Sana’a. Prior Israeli strikes, with US backing, focused on the vital port of Hodeidah.

Within a couple hours before the Tuesday Israeli strikes on Sana’a commencing, the IDF military issued an evacuation warning for Yemen’s Sana’a International Airport, stated that being near it “exposes you to danger.”

This warning was given because Israel is fully aware that this is a civilian aviation hub. However, Israeli officials have accused the Houthis of using it as a military base and staging ground.

“We call upon you to evacuate the airport area — Sana’a International Airport — immediately and warn everyone in your vicinity of the need to evacuate this area immediately,” the IDF’s Arabic spokesman warned earlier Tuesday. “Failure to evacuate and move away from the place exposes you to danger.”

Several power stations in the area of the Yemeni capital have also been hit, initial reports say. “Among the targets were the Dhahban and Haiz power stations, a cement plant in Amran, and civilian aircraft and terminals at the airport,” according to regional media.

The IDF has previously alleged that the Houthis use cement from the targeted factory to erect tunnels and military infrastructure, amid international criticism accusing Israel of destroying vital civilian infrastructure.

The Israeli army has issued a full statement which reads as follows:

For the second time in less than 24 hours, the Israeli Air Force struck Houthi terror targets in Yemen. The IAF recently destroyed infrastructure at Sana’a’s main airport, rendering it completely inoperable, in response to a Houthi missile launch at Ben Gurion Airport. Like the Hodeidah port hit earlier, the airport was used by the Houthis to transfer weapons and fighters, and regularly served the group’s terror activities.

The IDF also struck key power stations around Sana’a, which the Houthis exploited as a major energy supply source for their operations—another example of using civilian infrastructure for terror. Additionally, the Al-Amran cement factory north of Sana’a, crucial for tunnel and military infrastructure construction, was hit—impacting the Houthi economy and military buildup.

But if the Houthis have demonstrated anything, it is their resolve and refusal to back down even after months of American-led major attacks. Likely they will ramp up efforts to target Israeli and American assets.

Massive destruction and smoke clouds over Yemen’s main international airport and flight hub…

Given this new targeting of Yemen’s international airport, this could invite Houthi efforts to double down on targeting Ben Gurion in Tel Aviv. Is an airport strike tit-for-tat on the horizon? Certainly this is bad news for civilian aviation and safety in the whole region.

The United States has been supporting Israel’s ‘retaliatory’ action, and Houthi leadership has confirmed that the Monday strikes on Hodeidah were the result of “US-Israeli aggression”.

Sanaa Airport has already suffered damage from coalition attacks, including this from December 27, 2024. via Reuters

Currently the US has two aircraft carriers and accompanying warships in the Red Sea region, and they might be further targeted with drone and rocket attacks.

The US Navy/CENTCOM has already for months been fending off sporadic fire from Yemen, but things seem to be escalating at this point.

The Trump administration has recently been accused of hiding US casualties in this now long-running Red Sea naval battle, which is turning into yet another Washington quagmire in the Middle East.

Tyler Durden
Tue, 05/06/2025 – 11:40

“We Don’t Need Anything They Have… Except Friendship” – Trump Trounces New Canadian PM Carney Ahead Of White House Visit

“We Don’t Need Anything They Have… Except Friendship” – Trump Trounces New Canadian PM Carney Ahead Of White House Visit

Update (1130ET): Ahead of his meeting with freshly elected Canadian PM Mark Carney, President Trump has made his feelings clear about the relationship with USA’s northern neighbor.

In a post on his social media platform Truth Social, President Trump

“I look forward to meeting the new Prime Minister of Canada, Mark Carney. I very much want to work with him, but cannot understand one simple TRUTH – Why is America subsidizing Canada by $200 Billion Dollars a year, in addition to giving them FREE Military Protection, and many other things?” 

Trump then went further:

“We don’t need their Cars, we don’t need their Energy, we don’t need their Lumber, we don’t need ANYTHING they have, other than their friendship, which hopefully we will always maintain. 

They, on the other hand, need EVERYTHING from us! 

The Prime Minister will be arriving shortly and that will be, most likely, my only question of consequence.

That’s going to be a a fun meeting for the globalist’s last best hope.

*  *  *

As Emel Akan detailed earlier via The Epoch Times, President Donald Trump will host Canada’s new Prime Minister, Mark Carney, at the White House on Tuesday for high stakes talks focused on trade and security.

The meeting comes amid heightened tensions between the two allies, following Trump’s imposition of steep tariffs on Canadian products and ongoing remarks suggesting that Canada should become the 51st U.S. state.

This marks the first meeting between the two leaders since Carney’s Liberal Party secured victory in the April 28 federal election.

“He called me. He was very nice and I congratulated him,” Trump told NBC’s “Meet the Press” on Sunday, referring to a post-election phone call with Carney.

Trump said he will bring up the idea of Canada becoming the 51st state during his meeting with the Canadian prime minister.

“I’ll always talk about that, you know, why we subsidize Canada to the tune of $200 billion a year,” he said.

“If Canada was a state, it wouldn’t cost us, it would be great. It would be such a great—it would be a cherished state.”

In 2024, U.S. goods exports to Canada totaled $349.4 billion, while goods imports from Canada were $412.7 billion, resulting in a U.S. trade deficit of $63.3 billion.

Canada’s economy is deeply tied to the United States, with approximately 75 percent of its exports going to south of the border. This significant trade reliance is primarily driven by the energy and automotive sectors.

Canada along with Mexico were excluded from Trump’s international reciprocal tariff regime as both countries are already subject to 25 percent tariffs due to ongoing U.S. concerns over illegal migration and fentanyl trafficking. The tariffs made an exception for Canadian energy products and potash, which were instead hit with a lower 10 percent tariff.

Additionally, the United States maintains a 25 percent tariff on steel and aluminum imports and a 25 percent tariff on all automobile imports, with an exemption for U.S. content. These tariffs have a significant impact on Canada.

On May 4, Trump also announced plans to impose a 100 percent tariff on foreign-made films, a move that could affect Canada’s film industry.

In retaliation, Canada has implemented 25 percent tariffs on certain U.S. goods, including steel and aluminum products and auto imports.

“Again, remember this, we don’t need their cars, we don’t need their lumber, we don’t need their energy. We don’t need anything,” Trump said during the NBC interview. 

“We do very little business with Canada. They do all of their business practically with us. They need us, we don’t need them.”

U.S. Commerce Secretary Howard Lutnick downplayed the likelihood of reaching a trade deal with Canada during the upcoming meeting, describing the situation “very complex.”

“They have their socialist regime and it’s basically feeding off of America,” Lutnick said, in reference to the Liberal Party of Canada.

Trump dismissed the idea of lifting tariffs during the NBC interview, saying, “I wouldn’t do that because if somebody thought they were going to come off the table, why would they build in the United States?”

When asked whether he would consider using military force to annex Canada, Trump said such a scenario is “highly unlikely.”

“I think we’re not going to ever get to that point. It could happen. Something could happen with Greenland, I’ll be honest. We need that for national and international security,” Trump said.

“I don’t see it with Canada. I just don’t see it, I have to be honest with you.”

Following his election win, Carney had a phone call with Trump.  On April 30, Trump said that the candidate who hated him “the least” had won the election. Trump had earlier said the Liberal government under Justin Trudeau was “nasty” in his first term as president but that he would prefer to deal with a Liberal than a Conservative government this time around.

Trudeau stepped down after Minister of Finance Chrystia Freeland announced her resignation from his cabinet in a public letter in mid-December, objecting to Trudeau shuffling her out of her role as finance minister and saying the government needed to be more responsible with spending.

The incident, along with declining support for the Liberals in the polls, led to more public calls within the Liberal caucus for Trudeau’s resignation, which he agreed to early this year.

Carney, who started his career in the private sector, worked as a public servant before becoming the governor of the Bank of Canada from 2007 to 2013, and then the Bank of England from 2013 to 2020.

He later joined the private sector again, serving on the boards of a number of organizations. He also served as the U.N. Special Envoy on Climate Action and Finance. He has said he resigned from all roles before becoming a candidate in the Liberal leadership race in January.

Tyler Durden
Tue, 05/06/2025 – 11:35

Stocks Spike As Bessent Says Trade Deals Coming As Soon As This Week, Teases ‘Substantial Reduction’ In Tariffs

Stocks Spike As Bessent Says Trade Deals Coming As Soon As This Week, Teases ‘Substantial Reduction’ In Tariffs

US Treasury Secretary Scott Bessent on Tuesday said during testimony before the House Appropriations Committee that trade deals may come ‘as soon a this week,’ and that while ‘many partners have good offers,’ there have been no discussions with China yet.

According to Bessent, there could be a ‘substantial reduction’ in tariffs on US goods, as the United States negotiates with 17 out of 18 key trade partners.

Alas, nothing with China as of yet…

He then suggested that the 1st quarter GDP will be revised upward, and that we aren’t in a recession.

“I believe in data. There is nothing in the data that shows we are in a recession. As a matter of fact, the jobs report has surprised to the upside.”

Bessent also said that the US will ‘never default’ on its debt, and the Treasury will not use ‘gimmicks’ on the debt ceiling.

Stocks spiked on the news:

Cheat Sheet:

Bessent laid out the entire strategy yesterday at the Milken conference…

“Reprivatizing the economy. On one side, we’re going to be bringing down government spending, which has been crowding out the private sector. We’re also going to be shedding excess labor on the government side. Then on the other side, we have a substantial financial deregulatory agenda coming.”

“The private sector can re-leverage, and we’re putting a special focus on community banks, small banks, small regional banks, which were very near what I would call an extinction event in the next 4-5 years. The idea is to get them lending again too.”

Watch live:

Developing…

Tyler Durden
Tue, 05/06/2025 – 10:33

Second Night Of Moscow Drone Raids Halt Flights Ahead Of Major Military Parade

Second Night Of Moscow Drone Raids Halt Flights Ahead Of Major Military Parade

For the second straight day, Ukrainian drones targeted the capital of Moscow overnight, just as Russia is preparing to celebrate he 80th anniversary of the victory of the Soviet Union and its allies over Nazi Germany in World War Two, or Victory Day. The Kremlin has said it is expecting to host 29 world leaders for the May 9th parade.

Moscow Mayor Sergei Sobyanin announced that the newest attack involved at least 19 drones being intercepted while they were inbound to Moscow “from different directions.” The assault, coming the day after several drones halted air traffic at a major Moscow international airport, resulted in no destruction or casualties.

Illustrative: Damage from a July 2023 drone attack on Moscow, Moskva News Agency

The overnight Tuesday attack disrupted even more flight traffic, resulting in stoppages of all flights at four airports in the Russian capital and nine others further outside the city.

In total some 105 Ukrainian drones were intercepted across Russia overnight, according to Russia’s defense ministry. Despite these attacks, the Kremlin says that President Putin’s May 8-10 ceasefire is still on the table.

“There will be no hostilities. However, if there is no reciprocity from the Kiev regime and they continue to attack our positions or facilities, we will retaliate,” Putin spokesman Dmitry Peskov told reporters.

It’s a sensitive moment given the major military parade through Red Square will be attended by various heads of state, including China’s Xi Jinping. Obviously safety of the skies is paramount, also as planes bring foreign officials into Russia.

The Kremlin earlier this week accused Ukraine’s President Zelensky of threatening Victory Day Events. At least one European leader who is expected in attendance has agreed with this assessment:

Slovak Prime Minister Robert Fico confirmed he will attend Russia’s 80th anniversary Victory Day celebrations in Moscow on May 9, describing Zelensky’s warnings about security risks as “ridiculous,” the Magyar Nemzet newspaper reported.

Earlier this week, Zelensky asked foreign leaders to avoid the Victory Day parade in Moscow on May 9, citing security risks. However, Fico stated that threats from Kyiv would not deter him from attending the ceremony. “As a sovereign country, I will not allow anyone to tell me where I can travel,” he said, calling Zelensky’s threats “an intimidation campaign.”

“In my opinion, this is ridiculous. I reject such threats,” Fico said at a press conference on Sunday, reiterating that he will be in Moscow for Victory Day.

“If Zelensky believes that his statements can prevent the participation of foreign delegations, he is making a huge mistake,” the Slovak prime minister said further to a press briefing, adding that “ensuring the safety of the participants is the responsibility of the Russian Federation.” However there are reports that health issues could prevent or delay Fico’s traveling to Moscow next week.

On Tuesday, Zelensky described targeting Russian “pressure points” in what Moscow is taking as a direct threat on Victory Day events. “They are now concerned that their parade is in jeopardy and rightly so,” Zelensky had stated. “What they should worry about is that this war continues.”

Below: Reports of an errant anti-air missile launched by Russia becoming lodged in a high-rise apartment in suburban Podolsk.

Lately there’s been assassination bombings targeting top Russian generals, as well as long-range drone attacks which have reached the outskirts of Moscow. This suggests that either Ukrainian or its allied Western intelligence services have assets on the ground in Russia.

Likely the Russian defense and security services will bulk up anti-air systems in an around Moscow for Victory Day events. Officials from various countries and especially Russia-friendly nations are expected to be present.

Tyler Durden
Tue, 05/06/2025 – 09:50

“They Need Us, We Don’t Need Them” – Trump To Host New Canadian PM Carney Amid Trade Tensions

“They Need Us, We Don’t Need Them” – Trump To Host New Canadian PM Carney Amid Trade Tensions

Authored by Emel Akan via The Epoch Times,

President Donald Trump will host Canada’s new Prime Minister, Mark Carney, at the White House on Tuesday for high stakes talks focused on trade and security.

The meeting comes amid heightened tensions between the two allies, following Trump’s imposition of steep tariffs on Canadian products and ongoing remarks suggesting that Canada should become the 51st U.S. state.

This marks the first meeting between the two leaders since Carney’s Liberal Party secured victory in the April 28 federal election.

“He called me. He was very nice and I congratulated him,” Trump told NBC’s “Meet the Press” on Sunday, referring to a post-election phone call with Carney.

Trump said he will bring up the idea of Canada becoming the 51st state during his meeting with the Canadian prime minister.

“I’ll always talk about that, you know, why we subsidize Canada to the tune of $200 billion a year,” he said.

“If Canada was a state, it wouldn’t cost us, it would be great. It would be such a great—it would be a cherished state.”

In 2024, U.S. goods exports to Canada totaled $349.4 billion, while goods imports from Canada were $412.7 billion, resulting in a U.S. trade deficit of $63.3 billion.

Canada’s economy is deeply tied to the United States, with approximately 75 percent of its exports going to south of the border. This significant trade reliance is primarily driven by the energy and automotive sectors.

Canada along with Mexico were excluded from Trump’s international reciprocal tariff regime as both countries are already subject to 25 percent tariffs due to ongoing U.S. concerns over illegal migration and fentanyl trafficking. The tariffs made an exception for Canadian energy products and potash, which were instead hit with a lower 10 percent tariff.

Additionally, the United States maintains a 25 percent tariff on steel and aluminum imports and a 25 percent tariff on all automobile imports, with an exemption for U.S. content. These tariffs have a significant impact on Canada.

On May 4, Trump also announced plans to impose a 100 percent tariff on foreign-made films, a move that could affect Canada’s film industry.

In retaliation, Canada has implemented 25 percent tariffs on certain U.S. goods, including steel and aluminum products and auto imports.

“Again, remember this, we don’t need their cars, we don’t need their lumber, we don’t need their energy. We don’t need anything,” Trump said during the NBC interview. 

“We do very little business with Canada. They do all of their business practically with us. They need us, we don’t need them.”

U.S. Commerce Secretary Howard Lutnick downplayed the likelihood of reaching a trade deal with Canada during the upcoming meeting, describing the situation “very complex.”

“They have their socialist regime and it’s basically feeding off of America,” Lutnick said, in reference to the Liberal Party of Canada.

Trump dismissed the idea of lifting tariffs during the NBC interview, saying, “I wouldn’t do that because if somebody thought they were going to come off the table, why would they build in the United States?”

When asked whether he would consider using military force to annex Canada, Trump said such a scenario is “highly unlikely.”

“I think we’re not going to ever get to that point. It could happen. Something could happen with Greenland, I’ll be honest. We need that for national and international security,” Trump said.

“I don’t see it with Canada. I just don’t see it, I have to be honest with you.”

Following his election win, Carney had a phone call with Trump.  On April 30, Trump said that the candidate who hated him “the least” had won the election. Trump had earlier said the Liberal government under Justin Trudeau was “nasty” in his first term as president but that he would prefer to deal with a Liberal than a Conservative government this time around.

Trudeau stepped down after Minister of Finance Chrystia Freeland announced her resignation from his cabinet in a public letter in mid-December, objecting to Trudeau shuffling her out of her role as finance minister and saying the government needed to be more responsible with spending.

The incident, along with declining support for the Liberals in the polls, led to more public calls within the Liberal caucus for Trudeau’s resignation, which he agreed to early this year.

Carney, who started his career in the private sector, worked as a public servant before becoming the governor of the Bank of Canada from 2007 to 2013, and then the Bank of England from 2013 to 2020.

He later joined the private sector again, serving on the boards of a number of organizations. He also served as the U.N. Special Envoy on Climate Action and Finance. He has said he resigned from all roles before becoming a candidate in the Liberal leadership race in January.

Tyler Durden
Tue, 05/06/2025 – 09:35

Ford Shares Slide After Net Income Plunge, Suspended Guidance

Ford Shares Slide After Net Income Plunge, Suspended Guidance

Ford Motor’s first-quarter net income plunged to $471 million from $1.3 billion a year earlier, as EV losses and production halts took a toll, the company said Monday.

Revenue dropped to $40.7 billion from $42.8 billion, and wholesale deliveries fell 7% to 971,000 due to slower output of some models, according to the Wall Street Journal.

The electric-vehicle division lost $800 million, down from $1.3 billion, helped by lower material costs and stronger pricing. Adjusted pretax income fell to $1 billion from $2.8 billion, still beating Ford’s and analysts’ zero-dollar forecast in February.

Ford also suspended full-year guidance, citing uncertainty over President Trump’s tariffs, which it said could cost $1.5 billion. “It’s a pretty dynamic situation. I think this is all really new for all of us,” said CEO Jim Farley. He added the financial impact remains “huge numbers,” though lower than for many rivals.

The WSJ report says to limit losses, Ford paused imports of China-made Lincoln Nautilus and halted U.S. exports to China. CFO Sherry House noted Ford is better insulated than competitors, with 80% of its U.S. sales assembled domestically and most parts untaxed.

Still, Trump’s tariffs derailed Ford’s forecast for lower vehicle prices and steadier demand. The company now expects prices to rise and sales to slow by summer. Carmakers, including GM and Tesla, are reassessing outlooks amid the trade upheaval.

“We are focused on managing what we control,” House said.

We noted after the company’s Q1 report that CEO Farley faces continuing challenges, including overhauling the company’s EV strategy to curb losses and cutting high warranty repair expenses. The automaker lost a record $5.1 billion on EVs last year and expects that deficit to widen to as much as $5.5 billion in 2024.

While Farley is pushing for more affordable, longer-range models, those won’t hit the market until 2027. Meanwhile, the pressure on Ford shares continues, with the stock falling nearly 19% last year, in contrast to General Motors’ 48% surge.

Farley has emphasized the need to close Ford’s $7 billion to $8 billion cost disadvantage against competitors, largely driven by warranty costs. He has tied executive bonuses to improving quality and efficiency, with the company targeting $1 billion in cost cuts this year. 

“In 2025, we expect to make significantly more progress on our two biggest areas of opportunity – quality and cost,” Farley said. “We control those key profit drivers, and I am confident that we are on the right path.”

Looks like the company still has work to do…

Tyler Durden
Tue, 05/06/2025 – 09:25

Milken Crowd Signals Support For Trump’s Tariffs While Slamming All The Chaos

Milken Crowd Signals Support For Trump’s Tariffs While Slamming All The Chaos

At Monday’s Milken Institute Global Conference in Beverly Hills, Bloomberg reported that attendees were “warming up” to President Trump’s tariff war, recognizing a growing urgency to reset trade relationships with key partners after decades of disastrous industrial policies that hollowed out America’s core. Still, top investors and financial executives voiced concern over prolonged trade volatility and uncertainty.

The Milken conference, hosted by former junk-bond king Michael Milken, featured US Treasury Secretary Scott Bessent discussing how the Trump administration’s tariff war with top trading partners encourages re-industrialization. 

Bessent said that tariffs, tax cuts, and deregulation are “interlocking parts of an engine” to boost America’s economy, telling the audience: “I hope you can see the bigger picture now.”

Bloomberg provided a consensus snapshot of attendees’ sentiments about trade policies: “Investing titans and financial leaders at the Milken Institute Global Conference in Beverly Hills lined up to say they can live with tariffs and a reworking of trade—just get it settled soon.”

For instance, Apollo CEO Marc Rowan told Bloomberg TV, “What the administration wants to do is not wrong.” However, he warned that the tariffs create “uncertainty” and could lead to “two quarters of negative growth” if that uncertainty isn’t resolved.

Here’s more from Rowan, once a top contender for Bessent’s spot at the Treasury:

Michael Goosay, chief investment officer for fixed income at Principal Asset Management, said in an interview at Milken that while tariff uncertainty has cast a dark cloud over the macroeconomic outlook, growth could rebound strongly once a trade resolution is reached.

“If we get through this without a lot of additional friction, we think we are in an environment where you can actually see a reacceleration of growth in the latter part of the year and into 2026,” Goosay said.

Several money managers told Bloomberg it would be helpful if the Trump administration could announce a few deals with trading partners to get a rough framework of the future. They noted that trade resolutions would unleash long-term capital into revitalizing America’s industrial base and fund infrastructure.

KKR co-founder George Roberts told the audience: “Stay calm and carry on.” 

Roberts said trade deals are being made out of necessity, and the administration has already dialed back some of its more restrictive trade policies.

Separate from the conference, Goldman published a note last week featuring a chart suggesting that uncertainty around trade peaked.

Trump is a dealmaker. It’s only a matter of time before trade deal resolutions begin hitting the wires. 

Tyler Durden
Tue, 05/06/2025 – 08:55